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Finance & Economy - Page 78

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

President Tinubu has nominated new chief executives for Nigeria’s petroleum regulatory agencies following the resignation of the heads of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), developments that come amid intense controversy

December 18, 2025

imagesThe Impending Storm: Transportation Costs Set To Skyrocket As Petrol Prices Rises To Over N1,000

Business·News·Oil & Gas

The Impending Storm: Transportation Costs Set To Skyrocket As Petrol Price Rises To Over N1,000

Understanding the Price Hike Petrol price hike in Nigeria has sparked widespread concern across the nation. Transportation costs are set to skyrocket as some stations of the Nigerian National Petroleum Company Limited (NNPCL) have raised the price of petrol to N1,000 and

October 10, 2024

Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025)

Business·Currency·Markets·News

Naira Slips Again As Dollar Supply Drops

After gaining on Tuesday, 8 October the Nigerian naira has depreciated again at the official market. The local currency closed trading on Wednesday, 9 October at the rate of N1,625.13 per dollar at the official market. This reflects a N63.37 gain or

October 9, 2024

Dangote Refinery, FCCPC Clash As NNPCL Insists On Importation Of Fuel

Business·News·Oil & Gas

Crude-for-Loan: Dangote Calls For End To Mortgaging Crude Oil

Dangote Advocates Halt on Crude-for-Loan Deals Aliko Dangote, the President of the Dangote Group, has urged Nigeria to stop mortgaging crude oil in exchange for loans, warning that such practices could hurt the future of local refineries. He voiced this concern at

October 9, 2024

Business·News·Oil & Gas

Breaking: NNPCL Fuel Pump Price Set For ₦1000

The Nigeria National Petroleum Company Limited (NNPCL), filling stations in Lagos have adjusted their fuel pump prices to ₦998. As queues return early this morning in parts of Lagos, many filling stations in Ikoyi are not selling. Attendants at NNPCL stations say

October 9, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 9th October 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market also known as black market, especially the Aboki Fx as

October 9, 2024

Nigeria’s Food Crisis: A Nation Starving For Solutions While Prices Keep Rising

Agro-Economy·Business·FEATURES·News

A Ticking Time Bomb: Food Insecurity Threatens Nigeria’s Stability

Food Insecurity in Nigeria: An Escalating Crisis Nigeria is currently facing a food crisis that threatens both the nation’s economy and national security. According to the United Nations Food and Agriculture Organisation (FAO), over 25 million Nigerians experienced moderate to severe food

October 9, 2024

Naira Falls Against Dollar Across FX Markets

Business·Currency·Markets·News

Naira Gains At Official Market As Dollar Supply Rises

The Nigerian naira recorded appreciation at the official market on Tuesday, 8 October as the exchange rate dropped to N1,561.76 per dollar. This reflects a 73.39 naira or 4.49 per cent gain when compared to N1,635.15 per dollar recorded at the close

October 8, 2024

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Business·News·Oil & Gas

Naira-for-Crude Deal To Last Six Months As Dangote Refinery Receives 400,000 Barrels Of Oil Daily

Naira-for-Crude: A Six-Month Deal at Dangote Refinery The Naira-for-crude deal, in which Nigeria’s National Petroleum Company Limited (NNPC) will supply crude oil to Dangote Refinery in exchange for naira payments, is set to last for six months, according to sources close to

October 8, 2024

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 8th October 2024

October 8, 2024

Business·News·Oil & Gas·World News

Oil Prices Surge Amid Middle East Conflict Fears, Brent Crude Nears $80 Per Barrel

Oil Prices Rise on Middle East Tensions Global oil prices are climbing once again, driven by fears of escalating conflict in the Middle East. Brent crude, the global oil benchmark, inched closer to $80 per barrel on Monday, marking the continuation of

October 8, 2024

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

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Finance & Economy - Page 78

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

The Impending Storm: Transportation Costs Set To Skyrocket As Petrol Price Rises To Over N1,000

Naira Slips Again As Dollar Supply Drops

Crude-for-Loan: Dangote Calls For End To Mortgaging Crude Oil

Breaking: NNPCL Fuel Pump Price Set For ₦1000

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 9th October 2024

A Ticking Time Bomb: Food Insecurity Threatens Nigeria’s Stability

Naira Gains At Official Market As Dollar Supply Rises

Naira-for-Crude Deal To Last Six Months As Dangote Refinery Receives 400,000 Barrels Of Oil Daily

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 8th October 2024

Oil Prices Surge Amid Middle East Conflict Fears, Brent Crude Nears $80 Per Barrel

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Finance & Economy - Page 78

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